Published on 22 Apr 2024 on Benzinga
Matterport, Inc. MTTR shares are trading lower in the premarket session on Tuesday. The stock skyrocketed over 175% yesterday.
The company inked a definitive agreement with CoStar Group, Inc CSGP to be acquired in a cash and stock transaction valued at $5.50 per share, representing an equity value of approximately $2.1 billion and an enterprise value of approximately $1.6 billion.